Puerto Vallarta News

Puerto Vallarta News

Shoes In Mexico Are About to Get More Expensive

Mexico's government said it will impose a tariff of up to 30 percent on footwear imports, part of a package of measures to combat what it says is unfair competition in that sector.

During the Leather and Footwear Fair in the central city of Leon, Mexican Finance Secretary Luis Videgaray said all footwear imports will be hit with a tariff equivalent to between 25 percent and 30 percent of their declared customs value.

The package of measures nullifies a decree that had established a program of phased tariff reductions.

In recent years, Mexico has carried out an "indiscriminate process . . .

Read Full Story

Related Posts

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA halts Xcalacoco clearing over spider monkey corridor

PROFEPA stopped jungle clearing in Xcalacoco near Playa del Carmen after a complaint warned it...
US fugitive arrested in Playa del Carmen

US fugitive arrested in Playa del Carmen

Mexican federal agents detained Otmane Khalladi in Playa del Carmen, a U.S.-wanted suspect accused of...
Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez become sister cities

Los Cabos and Oaxaca de Juárez sealed a sister-city pact to share tourism, culture and...
Playa Mujeres resort plan scrapped as officials step in

Playa Mujeres resort plan scrapped as officials step in

A proposed Playa Mujeres resort near Cancún was canceled after environmental authorities closed the review,...